Crosbie Road, St. John's - August 2026 Real Estate Report

Crosbie Road, St. John's: What Your Neighbours Aren't Telling You About Home Values Right Now

The Vibe on the Street

If you own a place on Crosbie Road, here is the honest picture. The market is taking a breather. Values have dipped recently, and the neighbourhood sits near the bottom of the St. John's growth leaderboard. That is not a reason to panic - but it is a reason to pay attention.

We are seeing two very different stories depending on what type of property you own here, so let us break it down.

Houses: Steady, But Watch the Trend

For houses on Crosbie Road, the average HonestDoor Price is sitting at $245,570 - up a modest 0.70% from the previous period. That sounds fine on the surface. But dig a little deeper and the predicted market value comes in at $243,856, which is already sliding below the 3-month moving average of $249,574. Property values have shifted by -4.59% recently. That is a number worth watching.

On the neighbourhood leaderboard, houses here rank 75 out of 92 comparable neighbourhoods in St. John's for growth. That puts us in the bottom tier. Not last, but not somewhere you want to stay long-term without a plan.

The silver lining? If you are a landlord or thinking about becoming one, the rental picture is solid. Estimated rent comes in at $1,318 per month with a rental yield of 6.07%. That is a strong return. Short-term rental potential sits around $65 per night on Airbnb, with Crosbie Road ranking 95th in the city for Airbnb performance.

• Average HonestDoor Price (Houses): $245,570
• Predicted Market Value: $243,856
• 3-Month Moving Average: $249,574
• Recent Value Change: -4.59%
• Growth Rank: 75 out of 92 in St. John's
• Estimated Monthly Rent: $1,318
• Rental Yield: 6.07%
• Airbnb Estimate: $65 per night

Condos: Big Numbers, But Also Pulling Back

The condo story on Crosbie Road is a different world. The average HonestDoor Price is $1,221,223 - up 9.61% from the previous period. That is a serious jump. But here is the catch: the predicted market value has pulled back to $1,114,153, well below the 3-month moving average of $1,192,201. Values have shifted by -5.14% recently.

On the leaderboard, condos rank 81 out of 94 comparable neighbourhoods in St. John's. Again, bottom tier. The growth momentum that pushed prices up is not holding steady right now.

Rental income for condos looks strong in raw dollars - estimated at $3,844 per month - but the rental yield of 3.37% is moderate when you factor in the high purchase price. Airbnb potential sits around $191 per month, and condos here rank an impressive 5th in St. John's for Airbnb performance. If short-term rentals are your game, this is one of the better spots in the city.

• Average HonestDoor Price (Condos): $1,221,223
• Predicted Market Value: $1,114,153
• 3-Month Moving Average: $1,192,201
• Recent Value Change: -5.14%
• Growth Rank: 81 out of 94 in St. John's
• Estimated Monthly Rent: $3,844
• Rental Yield: 3.37%
• Airbnb Estimate: $206 per night - Ranked 5th in St. John's

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is something most homeowners on Crosbie Road do not realize. Your city tax assessment is a snapshot frozen in time. It gets updated on a schedule that has nothing to do with what is actually happening in the market today. By the time that number lands in your mailbox, it can already be months - or years - out of date.

The HonestDoor Price is a real-world check. It updates based on current market signals, recent sales, and live data. Right now, with predicted values sitting below recent moving averages on both houses and condos, the gap between your assessment and your actual market position could be significant. Knowing your real number is not just interesting - it is the difference between pricing your home right and leaving money on the table, or worse, sitting unsold.

Check your HonestDoor Price now. Do not wait for the city to tell you what your home is worth six months from now.

The So What - Should You Sell This Summer?

If you are thinking about listing on Crosbie Road this summer, here is the straight talk. The market is not in your corner right now the way it was a few months ago. Values are dipping, and the neighbourhood is not leading the pack on growth. That does not mean you should not sell - it means you need to be sharp about it.

For house owners, the rental yield of 6.07% tells you there is genuine demand for housing here. Buyers who are investors will see that number and take notice. Lead with it.

For condo owners, the Airbnb rank of 5th in all of St. John's is a real selling point. If your unit has short-term rental potential, that story can attract a buyer who is not just looking for a home - they are looking for an income property.

Compare Crosbie Road to nearby neighbourhoods and the price gap is clear. Polina Road houses average $340,712. Wishingwell Road sits at $325,504. Notre Dame Drive comes in at $276,041. Crosbie Road is priced below all of them. That can work in your favour as an entry point for buyers who have been priced out of those streets - but only if you price it right from day one.

Bottom line: get your HonestDoor Price, know where you actually stand, and make a move based on real numbers - not last year's assessment.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.